Air Liquide (France) and Air Products and Chemicals, Inc. (US) are Leading Players in the Gas Separation Membrane Market
The gas separation membrane market is projected to reach USD 1.6 billion by 2030, at a CAGR of 7.4% from USD 1.0 billion in 2023. The growth of the global gas separation membrane market is fueled by regulations pertaining to carbon capture and the increasing need for nitrogen generation. The demand for cleaner energy sources is driven by environmental concerns and the need to reduce dependence on fossil fuels, increase the demand for gas separation membranes used in applications such as natural gas processing and hydrogen production.
The key global players in the gas separation membrane market are Air Liquide (France), Air Products and Chemicals, Inc. (US), UBE Corporation. (Japan), Honeywell UOP (US), FUJIFILM Manufacturing Europe B.V. (Netherlands), SLB (US), DIC Corporation (Japan), PARKER HANNIFIN CORPORATION (US), Membrane Technology and Research, Inc. (US), and Generon (US) among others. These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
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Air Liquide
Air Liquide is a renowned producer and supplier of industrial and specialty gases, along with production technologies and storage solutions. The company caters to a diverse range of industries including automotive, glass, metals, electronics, food, petrochemicals, and healthcare. The company operates through three segments, namely, gas & services, engineering & construction, and global markets & technologies. The company has a presence in 73 counties across North America, South America, the Middle East & Africa, Asia, and Europe, with 5 R&D centers across Tokyo, Delaware, and Paris. Gas separation membranes are offered by the Air Liquide Advanced Separations (ALaS) division of the oil & gas services segment. The company provides membranes for applications related to hydrogen, nitrogen, natural gas, and biogas, which serve various industries such as oil & gas, marine, aero, petrochemical, and renewable energy. Air Liquide Advanced Separations manufactures membranes with advanced hollow fibers, which provide high mechanical strength and high membranes productivity. These membranes are designed with high-performance fibers and can perform in high temperatures and high pressures.
Air Products and Chemicals, Inc.
Air Products and Chemicals, Inc. is a leading provider of atmospheric, process, and specialty gases, serving a wide array of industries including refining, chemical, metals, electronics, manufacturing, and food & beverage. The company specializes in developing, engineering, building, owning, and operating industrial gas projects, including gasification projects aimed at converting natural resources into syngas sustainably to produce power, fuels, and chemicals. The company operates through 5 business segments, namely, Industrial Gases Americas; Industrial Gases Asia; Industrial Gases Europe, Industrial Gases Middle East and India, and Corporate and other. The company offers gas separation membranes under Industrial Gases Regional (Americas, EMEA, Asia). The company has a presence in more than 50 countries, with regional offices in the US, UK, China, Saudi Arabia, and India. Air Products recently introduced a new brand identity for its membrane business units, unifying them under the name "Air Products Membrane Solutions." This streamlined approach aims to enhance the customer experience, foster collaboration, and drive innovation across the organization.
Related Reports:
Gas Separation Membrane Market by Module, Material Type, Application (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, CDR, Vapor/Gas Separation, Vapor/Vapor Separation, Air Dehydration, H2S Removal), and Region - Global Forecast to 2030
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